Answer:
$11,876.77
Explanation:
A save bank has a unique account. The present value deposited is $5,750
The bank is willing to pay an annual interest rate of 6% for 3 years
= 6/100
= 0.06
6.6% interest rate for a period of 2 years
= 6.6/100
= 0.066
7.3% interest rate for a period of 6 years
= 7.3/100
= 0.073
Therefore, amount that will be present in the account in 11 years can be calculated as follows
A= P(1+r/100)^n
Where A is the future value, P is the present value , r is the interest rate and n is the number of years
A = $5,750 × (1+0.06)^3 × (1+0.066)^2 × (1+0.073)^6
A= $5,750× 1.06^3 × 1.066^2 × 1.073^6
A=$5,750×1.191016×1.136356×1.52615390
A= $5,750×2.06552443
A= $11,876.77
Hence the amount of money that would be in the account in 11 years is $11,876.77
Answer:
The correct answer to the following question is Product attributes.
Explanation:
Product attributes can be defined as the characteristics or features of a particular product that helps in defining what the product is and these attributes have a influence on the consumer's buying decision. Such attributes can be both tangible and intangible, where in tangible it can be color, weight, size, quantity of the product and on the other hand in the intangible attributes it can be quality, price , reliability of the product. In the developed nations people value such attributes more than in other developing nations.
Answer: Investments are the process of investing money for profit or materials result
Explanation: Investments are important because you can make a lot of money if you have little money
Answer: user
Explanation:
From the question, we are informed that Kim Nagele, senior sourcing manager at JCPenney buys tons of publication paper annually at a cost of hundreds of millions of dollars.
Based on the above scenario, we can day that Kim Nagele performs the told of an influencer, gatekeeper, buyer anr the decider. He is not a user as he is not the one using the publication paper.